Stock market recap, Aug. 25 -- The Indian stock market ended lower on Monday, 24 August, in line with weak global cues. The Sensex ended at 77,369, down 172 points, or 0.22%, while the Nifty 50 closed 33 points, or 0.14%, lower at 24,219.05.

The Nifty Midcap 150 index inched up by 0.07%, while the Smallcap 250 index declined 0.21%.

In terms of index contribution, Reliance Industries Ltd, Bajaj Finance, ICICI Bank, Bharti Airtel, State Bank of India, and Axis Bank ended as the top drags on the Sensex index.

Among sectoral indices, Nifty Metal jumped 1.6%, defying weak market sentiment.

Two stock recommendations by MarketSmith India:

Buy: Skipper Ltd (current price: Rs.575)

Buy: LG Electronics India Ltd (current price: Rs.1,664)

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